House Prices Update
Posted Jul 31, 2011
The demand for property remained low as slow economic growth and the rise in inflation continued to squeeze consumers working to repair their household finances. Overall prices were down -1.1% during the year to the end of June, according to figures from the Nationwide Building Society.
But take heart its not all doom and gloom as Nationwide's chief economist Robert Gardner predicts that the economy looks set to gather pace within the next few months...